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, and everything, they give big tax breaks for the oil companies. the big manufacturers. they're taking jobs away from us. and why they think it is best to do that. i need an answer to that, because i work 40 years of my life, and now i'm disabled. and now they're talking about cutting everything. i just don't think -- i've even put my life on the line for this country, vietnam. why they think it's the right thing to do. host: thanks for your call. next up, a comment from hewitt, texas. tony, a republican there. good morning. caller: good morning. how's everybody there this morning? host: it's a little hot both temperature-wise and internally i think here. caller: yeah. you know, we deal with a few facts here this morning. that cut, cap and balance that was passed did two things that everybody just is totally bent out of shape about. one of which is that it would raise the debt ceiling, and we would give that community organizer everything he wanted. it also, at the time, would say that the united states would even have a downgrade in its debt rating. and what do we do? well, you got the presiden
it is that momentous. the flurry of talk last week about going big and swinging for the fences were underscoring the idea of the president and the speaker to persuade the democratic and republican rank- and-file to go for something as big as $4 trillion. it was a long shot to begin with. both sides decided to spend a few days pursuing this long shot and it turns out that speaker behner blinked first. he was the first one to realize publicly that he did not have the votes in his own troops to get this through because it would require too much. host: if the number goes down from $4 trillion, what gets left behind? guest: you go from $4 trillion down to something. the fall back number we think is $2.50 trillion. that is the amount of deficit reduction that would be necessary to get republicans to vote for an equivalent amount of debt ceiling increase. that is what is required to keep the treasury in the flush to get for the next election. that is the number and we know that the vice president had six members of congress and they were pretty close. they were at about $2 trillion. entirely from the s
this economy and yeah, there's a big issue coming up with regards to the debt ceiling. the president ought to be in washington meeting with republicans, meeting with democrats, he shouldn't leave that town until he has an understanding of what it's going to take to get this economy going again and deal with the fiscal crisis that the country faces. but he's here raising money for a campaign. doesn't even have a primary opponent. >> the president was also in pennsylvania, the white house, though, fires back at that particular metal works plant, the allentown metal works that had been struggling for years when the president visited in 2009. president obama saying while i'm working, there will be candidates parading around the country and doing what they do can which is trying to attack. he told supporters in other parts of pennsylvania while mitt romney was there in pennsylvania. >> mitt romney did not mention his rivals. he's clearly taken the stance that i'm the frontrunner, i'm not going to mention tim pawlenty or michelle bachmann. why's he in pennsylvania? not an early primary state, k
savings, those are probably phony but here the important thing, no tax increases this is a big development in this budget story. [ talking over each other ] >> neil: you are making the assumption that there isn't an add-oncoming. you are right, the deal itself, [ talking over each other ] >> neil: don't jump the again. more than a trillion coming out of the wars. republicans have factored in that math as well. do you think given your point of view, that others will jump onboard of as the best thing out there? >> i think this is the basis for a deal. we have to jiggle the numbers, you are right. a lot of numbers in reid's budget proposal are phony. i think it is significant. weeks ago, harry reid put forward a budget with two trillion of tax increases, now he's at zero, that's a big deal. >> neil: we've been mentioning the markets and how they've held on. is that because they are factoring in a deal at the last minute or that they are okay, no matter what happens? >> i think the market has come to the perception we will have a deal. i think we are going to get a deal within 48 hours of augu
's casey anthony released shortly after midnight. last night -- night before last. the big question now is where did she go? >> right, where is she? >> where did she go? we know that after the courthouse right there, they went in a series of cars over to a parking garage where her attorney was. next thing you know, we don't know. >> possibly the old switch-a-roo there. >> she's facing the possibility of some lawsuits so she can't completely disappear so we may see her popping up again. right now, we don't know where she is and that's incredible really when you think about the amount of attention that this has gotten and that everyone knows what she looks like. >> it was amazing. had to go through some precautions. for a woman without a budget, it's amazing the amount of money we were spending on her, her safetyher future for now anyway or maybe somebody is keeping a tab because she probably will be coming into some money soon. they called up her parents and said do us a favor, show up at the hotel, excuse me, at the prison, and go -- and be a good decoy for the press who are going t
is your chance to talk back on one of the big stories of the day. today's question is what would you tell congress to do about the debt limit? carol costello is joining us from washington. carol, i bet you're going to get a lot of folks weighing in on this one. >> i urge all of our facebook friends to keep it clean. that's my only request today. what is happening in washington is political gamesmanship at its worse. it's ugly and more than a little scary. the united states has never gone into default because past administrations and lawmakers have compromised. cnn contributor john avalon says lawmakers have raised the debt ceiling 77 times including 8 tooils times under ronald reagan and back in the day politicians weren't quite so macho. many insist on standing on principal even though most americans stand on the side of good old fashioned compromise. two-thirds of americans want the president and republicans to compromise, rather than stand up for their beliefs to get things done. wow. a break from part is anship. perhaps the happiest outcome of the president's speech last night was whe
. if you are going to rule out medicare now and say yeah, we are going to make big cuts but rule out medicare. that means democrats are focusing on 10%, discretionary spending that is our investments, r & d, education, infrastructure. the things we need to double and triple down on. the things we can afford to do in trying to catch up with china if we take care of the long-term structural debt on taxes, on health care and these other issues. >> yeah, we talked about the fact our health care system is at least 50% more expensive procedure by procedure than any other place in the world. we have this grip on a lot of the health care sector. we need health care reform. this is obvious. but it's been obvious for years. they don't do it on either side. >> coming up, connecticut governor dannel mall low. >> he's going to yell at you. >> i think he's in for a fight, yeah. yeah. >> mika is mad. she's not putting up with it anymore. >> this is incredible. sexual assault allegations against strauss-kahn. why it's on the verge of collapse. >> he was in yonkers at the time. come on. >>> first, he
went to that were big money because i grew up in a middle-class home, it cost $22,000 to go, you played tennis and eight food. host: there are pictures this morning that showed a couple of scenes from inside the white house. this is from "the washington post." this is a picture of first lady betty ford and her daughter susan. the description says, "the first lady and daughter susan killed time and the president's office in 1975. in 1980, the pair lost national breast cancer awareness month. mrs. ford became an awareness for early detection. " there's a picture for 1979 and this shows mrs. ford said in a longtime -- alongside liza minnelli and liza minnelli at studio 54. the next one shows mrs. ford, that she was quite the denser and loved to do so. those pictures are all found in "the washington post"this morning. we're talking about the passing of betty ford died yesterday. we are taking your comments and tweets on the subject. new york, republican line, go ahead. caller: good morning. i want to say a few things. i thought betty ford was very innovative and incredibly supportive and sh
the overnight period, 1:00 a.m. big time storms down southern calvert, st. mary's county. those have since left. behind it, it is quiet this morning with temperatures running in the mid to the upper 70s across the metro. 81 here in washington. 76 in sterling. 77 in columbia. and andrews is 76. widening the pics, culpepper and cumberland, manassas at 72. your highs today, we can deal with this. temperatures will be in the upper 80s to low 90s for most. us with the chance for storms. angie goff. you've got traffic. >> very good this morning. thank you, howard. hello, everybody. hope you're off to a great start on this monday. so far, so good out there. green light stays on. we want to take you to our maps. notice no incidents across the way. zooming on in to 66, clear out of haymarket making your way to centreville. we'll move it on to our maps again, i want to show you everyone is checking out ok. still down to 95 though going northbound. we're still looking at about a 50-minute commute. not bad out of fredericksburg toward the mixing bowl. as for your travel times on the outer loop, we're track
it extreme, radical. imagine that. only a big spending washington liberal could think it would be radical to require washington to start living within its means like families have been doing for years. and so frankly american families would say it's about time, welcome to the party. and instead some people think you can just live in this fantasy land where you can keep tax, taxing, spending, borrowing money from china and act like the day of wreckening never is never going to come and kick the -- wrenging is never going to come and kick the can down the road. it's time to say enough is new. we're going to deal with our problems nod. we're going to set priorities today and do the tough things people sent us to do and that means cutting, capping and balancing the federal budget. i yield back. the speaker pro tempore: the gentleman's time has expired. without objection, the gentleman from maryland is back and is recognized. mr. van hollen: thank you, mr. speaker. again, the choice is not whether we put in place a plan to reduce the deficit and balance the budget. the issue is how we do that.
the overpass. >> it is very big and flowy and you don't want to know what i am doing. >>> from big burkas to little jerkas. it seems the kids aren't all right. i love the kinks. a pennsylvania restaurant owner upped the ante with regards to the war on children, and "red eye" salutes this hero. mike vwek, does that sound right? issued an e-mail to the patrons of his eat resaying, quote, beginning july 16th, we will admit children under six years of age. we feel mcdanes is not a place for young women -- young children. their volume -- that's what happens when the tele prompter is above jessica. can't beacon trolled and many times they have disturb etd other customers. >> first of all, i checked out the legality, of course, and i am well within my rights of doing it. i felt as though i may lose some business, but i thought in the long run it would at least be an until neutral situation. >> you haven't seen a downturn in business so far? >> to the contrary. some of the supporters that have called have mentioned that although we are a little far for them to drive in the metropolitan area, they
and cuff links and cowboy boots in the ring with him. >> yahoo. >> mike: don't touch my junk food. big government getting bigger and advertisers in the food industry say they feel pressured by new federal guidelines. shouldn't parents decide what their kids eat. "fox & friends" sunday morning continues right now. ♪ >> hey, everybody, good warning by mike jarrett there. >> ainsley: good to see you. >> mike: and gets better looking every week. >> dave: you, too, sweetheart. >> ainsley: we're glad to be waking you up this morning. hope your family is doing well. >> dave: the best news for all of you saturday night we thought a big deal was going to happen. and now it appears that a smaller deal is on the way because john boehner late last night made the announcement that we're giving up talks on that grand deal that's been discussed where republicans would give in on tax hikes, democrats would give in on entitlements and this guy what john boehner had to say. >> now, we can't agree if there's any new taxes involved and of course on the other side the democrats say here we go. >> so, bo
. and they feel that the democrats have an ideological commitment to big government. what they would like to see is the government sweated down. that's the point they've been trying to make. there are honest differences and people have a very different view of what kind of society we ought to live in. >> but at a certain point, david, when there was a big deal on the table and if as you say the president could have brought nancy pelosi along -- i agree with you i think he could have -- the republicans would have gotten a great deficit reduction deal if they hadn't committed to the no tax pledge, right? >> but gloria, asking any party to commit to $1 trillion of tax increases is an awful big deal for a party that all along stood for lower taxes. and when they also feel a lot of these cuts are going to turn out to be illusory. their experience in the past they sign onto the bargains and they feel the democrats eventually end up getting what they wanted and what they wanted never materializes. >> there's a big difference between that and nothing. >> i agree. [ overlapping speakers ] >> so david, wh
a story saying that big mortgages are back. the financial times and its financial section has two stories of highlights, one talking about stress tests and you may have remembered those from a few years ago done in the united states to test the fiscal capabilities of u.s. banks. this takes a look at european banks. but the one story from new york this morning looks at city baverbing looking at their profits, surging 24% to $3.3 billion. city results mirrors jp morgan. we have been talking about the notion of comfroms when it comes to discussions about the debt and should congress members of the congress republicans primarily as far as these discussions go, and the president, compromise on their ideals when it comes to debt talks? all available for you to join us. e-mail and twitter as well. new jersey. go ahead. caller: good morning. i would just like to say that i wish that the congress would do like the president said and try to put aside their issues just this once. so that the country can be saved economically. i'm so tired of the posturing that they continue to do in the house of rep
to be an american? not a big change when president obama came to office. what does that say to you? guest: remarkable continuity about something that is very important in defining this as a people. it does not seem to matter whether we have a democratic or republican president. we are patriotic nonetheless. host: james, pittsburg, republican line. caller: my comment is that you have to poll the younger crowd and they are the strongest and the fastest and most easily -- and it is easier for them to take in all the information they have take in. they are more alterable to become a soldier and not many of them are politically savvy. once they get into the war, they are generally -- most of the men i know that have come back especially from this war and from vietnam, they speak to the fact that they were fighting for its other. host: we will leave it there. guest: that is true. men who have had that experience in war talk about it that way. they also love their country. one of the things we see, it's a hard thing to take polls of soldiers because it's tough to do. but when you do, they are ve
obama makes the announcement around 11:00. >>> a big story this morning. an awall soldier admits to planning an attack on fort hood. >> he sent an e-mail saying he confessed. we're learning more about the suspect this morning and what led authorities to him. >> reporter: they are crediting clerks at a gun store of being suspicious of the suspect. he said his muslim beliefs prevented him from fighting. it was put on hold because of child porn allegations. he went aball police arrested him wednesday at a texas motel. they got a tip from an employee a day earlier that he had arrived by taxi and bought six pounds of smokeless gun powder, 3 boxes of ammunition, and a magazine for a pistol. store clerks say they felt uncomfortable about the purchases being it was a considerable amount of ammunition and the questions he asked inned kaled he didn't know much about the items. the gun store is the same location where nadal hasan purchased the gun used in the 2009 attack on fort hood when 13 people were killed. police say he also visited an army surplus store where he bought a patch. offici
're now at the president's big deal target, which we're not going to meet under the gang of six or any of the other constructs around here, cancel the social security tax holiday, borrow the money one more year, invest it in infrastructure, put millions to work, when those millions go to work, they'll be paying taxes, that'll reduce the deficit by about another quarter. we solved 3/4 of the problem without killing programs essential to the american people and without cutting taxes on the job creators. the gang of six is proposing that billionaires should see their taxes cut by about 25% or 30% that will help us balance the budget. time to get back to the real world and out of "alice in wonderland." the speaker pro tempore: the gentleman's time has expired. the chair recognizes the gentleman from pennsylvania, mr. thompson, for five minutes. mr. tompson: thank you, mr. speaker. since 1947, every august, the little league baseball world series is held in pennsylvania within pennsylvania's fifth congressional district. each year, little league international recognizes little league gradua
and other democrats. it's not about increasing taxes for anyone. it's about getting rid of some of the big businesses who do not need these extra funds. host: phil in orlando, florida, an independent. what are your thoughts? caller: good morning. we should work on a grand bargain, instead of a mini-deal. to me, it is basic common sense. we need to get people moving in the process. it could be a national bordering program -- national program to do some work that would stimulate your psychological and social well-being. secondly, we should be making sure the parties are not playing politics and bowling to their constituents, who basically seem like the corporations that are running the government. host: would you characterize the tea party as a corporate complex? caller: the tea party has merits. we understand their protests. there seems to be sort of an ideology attached to it, as well, which is under the surface of the tea party. host: let's talk to william, a democrat in hollywood, florida. go ahead. ay the: i'm going to s grand deal. that's what we need to make. second of all, entitlemen
supporting the money people. all those are the owners of the big corporation and moving away from this country and taken to places where they don't pay no taxes. they pay lower salary. nothing for the working people. they take their jobs and put the food on the table of the other country. we have to stop that. we have to stop that. we have to get rid of that bunch of bandits out there. host: all right. we've got the point. remind our viewers coming up grover norquist will be here followed by the chairman of the congressional caucus. representative whip announced wednesday, he'll marshal democratic votes. >> how do you think the presidents are handling the debt talks? caller: i think they are handling it well for the most part. they are not willing to throw the middle class under the bus. right after this conversation you'll have grover norquist. they don't want to negotiate. how do you just default on the country. i don't understand the average american people standing up for them. all they are working for is corporation. i will never understand how so many of them got in. you ca
social security, you don't get a penny of it. every penny of that goes into the big pot and it's distributed to everyone else. anybody who dies to young, all of their money has been wasted. it is just going into the government pot. the second thing you have to know, is if you save up to much, when you start receiving it, you get taxed on it again. if you get taxed on social security when you are your money what you are working and then after you start receiving it, if you save up to much because you were worried about it, you get taxed on it again. it gets added to whatever income you have from your savings. host: do you think private savings accounts, that your social security should be yours when you pay in, you should be booked to get or keep or transfer? caller: i certainly do. that is why i voted for president bush to the second time around. i did not agree with him for very much but i agree with him on that point. people should have their names on their accounts and what ever they put into it should belong to them. so even if they die when their 50, that money goes to the
forward to reduce the deficit in a big way modeled after these bipartisan commissions, where there's been pretty good bipartisan agreeme agreement. but efforts to forge a grand compromise, bringing the deficit down by $4 trillion, have been abandoned by republican leaders over and over. i -- i have not supported every detail in these grand compromise efforts. i don't want to do anything to undermine medicare or social security or medicaid, programs that have worked for generations now and programs that millions of ohioans depend on, for middletown to ashtaboula to toledo and gallipolis. that's because i wanted a more balanced approach. i know the presiding officer did too. but as days and weeks and weeks and months go by, we're now only days away from default. we're simply running out of time. that's what the senate bill is about, protecting us from default. the spirit of continued compromise again, the majority leader has come forth with a plan to reduce the deficit by $2.2 trillion. it's truly a compromise because it meets the republicans' main criteria, it contains spending cuts to rou
boehner has proposed. boehner has a pretty big job on his hands of maintaining that republican unity that we have seen so far at a time when democratic kennedy is coalescing because of anger over how these talks have gone. host: alexander blogging, thank you. our question this morning is, with the debt limit is affecting more financial decisions. let's go to cleveland, ohio on the democratic line. caller: good morning. host: is it affecting your financial decisions? caller: at this point, no permit but i am living on a fixed income. i am very much worried about whether or not this debt limit will be raised or not to coz i know the treasury department is going to have to make some decisions if it is not raced. i am confident social security recipients will receive their cash benefits. i am also confident those who are desperately in need of their money will receive their benefits. i am confident president obama and the democratic party are going to look out for the needy but i am highly unsettled about what is going on. mr. bolton made the fact that i do not think this debt limit is s
support it in a way that is reasonable and balanced. host: let me get to one other big topic and then we will start taking calls. that is the medicare debate. what do you think of paul ryan's medicare plan? guest: i think there are too few big steps and not enough baby steps. i think it is critical for us. i was willing to vote on the medicare part d which a handful of our democrats did that with president bush because i could not imagine a health-care program for seniors without prescription drugs being integrated into it. was it perfect? no. did it take the necessary steps to get us started on that discussion and debate and the evolution of a senior health care plan that had prescription drugs? yes, it did. i think that is how we have to approach medicare. a baby girl born today as a 50% chance or better of living to 100 my husband's grandmother passed away a couple of years ago one a week shy of 112 living in her own home. these are the things that we are dealing with. people are living longer. i was very engaged with care coordination, wellness, how we coordinate care for our seniors
, was part of another big debate over federal spending. and out of that came the graham-hollings legislation. we talked to him on camera. here's just a clip of his comments on washington today. >> nothing gets done. the atmosphere is the game. the game is re-election. you've got to get the money for re-election. in other words in 1998, 12 years ago, i had to spend -- i had to raise, excuse me, $8.5 million. now, $8.5 million is $30,000 every week, each week for six years. it's not just raising money the year ahead. it's raising it for all six years. and you're raising it not only for yourself because your colleagues will help you, the committees will want to keep that seat. so when your time is up. so you are always out there raising money. and the name of the game is make no mistake, play the fence when you get back to washington. got no idea of paying the bill. they haven't paid the bill for 10 years. host: fritz hollings will be 90 later this year. expressing his frustration. he's part of the many voices we will include in our "charleston weekend" on "book tv" and "american history tv." a
they weren't going to pay their taxes? of course they'd be in big trouble. and the senate is not in trouble but the country is in trouble because the senate is not doing its job and neither the house nor the senate did its job in the last congress for the first time ever and that's how we go into three years since we had a work document that we should have to work with. and what do we do this week? the disappointment to all three of us is we said we wanted to stay this week and deal with these issues. we started out trying to deal with the libya resolution which apparently wasn't important enough to deal with last thursday when we were going to take a week to work in our states. and then when people on the republican side said we really think we ought to be debating the reason we were supposed to stay, we still don't do that. we have this amendment -- i think it was supposed to be and is a sense of the senate that millionaires aren't paying enough taxes. now, we all understand -- we all understand the politics of that, just like we understand the politics of no accelerating depreciation for
they get a tax-exempt status? >>reporter: that is the big question is. any groups that a right, obviously, to form and criticize fox news. the question is, should that be a taxper, subsidized, tax-exempt deductibl activity. media matters is something called a 501 (c) 3 referring to the section of the code that covers it and deductions to media matters are people getting to take off their taxes as if they gave money to the red cross or salvation army. and media matters is increasingly political in recent years and the founder has formatted what is scale add super pac to raise large amounts of money to defeat republican candidates and there are reports that the white house is in the entirely happy with that because they felt he was more effective attacking fox news at media matters. the question is, should that be subsidized by the federal government. deep deep the deep pockets, obviously, george soros and tell us about his past for those that do not know. >>reporter: he is a billionaire, naturalized american citizen and has in the past been caught up in insider trading activity in jump, an
this from the beginning. it's an intriguing day. >> this is, it's a big day. >> dave: let's start with the defense. what can they do? is there anything they can stress that would perhaps save her life? is there any chance of a not guilty verdict in your opinion? >> i don't think there's any chance of a not guilty. i think the best they can do is to save her life. the defense made outrageous claims in opening, but went the other way with their defense and helped the prosecution and sputtered to the close and the rebuttal is the final knockout punch. >> clayton: is there enough for the death penalty? that seems to be the question. because premeditation is ultimately the linchpin and maybe that's taken off the table. >> i don't think so. although it isn't a sure fire went for the first degree. what happened here, i think, what you're going to have is that if jeff ashton, if he puts this together in the right way for the jury and really kind of shows them what they can disregard and why, i think they still have a great chance because the biggest thing for the first degree murder conve
nothing would do. now, after we have restored some confidence here by this big step of doing nothing, we could do another half of nothing and put people back to work. now, how could we do half of nothing and put people back to work? president obama has adopted this cockamamie republican idea of a social security tax holiday putting people to work. i know a lot of families that could use an extra 20 bucks a week, but them spending 20 bucks a week for food on the tape table, doesn't put people back to work. if you are unemployed, you don't get the 20 bucks. we are borrowing $120 billion to do that under the guise this is creating jobs. and the president last night mentioned he wants to create jobs. guess what? it's not working. we do half a nothing. we allow the social security tax holiday to expire. doesn't create any jobs. we don't borrow the $110 billion from china to put in the social security trust fund. instead, we borrow $110 billion to put people back to work in private sector jobs. we resolve to begin to rebuild our crumbling infrastructure. $110 billion applied to the 150,000 bri
. russell berman, welcome to the "washington journal." you have the headline here, boehner, a big deal no longer operative. he told house republicans on tuesday -- between what speaker boehner is saying and what minority leader mitch mcconnell is saying, where are the negotiations at this point? guest: the prevailing milled -- mood is pessimism. the negotiations now that the congressional leaders have gone to the white house for three straight days, the of not made a whole lot of progress. each side has retrenched. ideologically, the democrats are leery of making any cuts or changes to entitlement programs without some revenue increases, tax increases. and republicans have been consistently opposed to anything that smacks of tax increases. so you had the mcconnell plan yesterday shaking everything up a bit. it is unclear how viable an option that will be going forward. host: when they get together with the president at the white house this afternoon, what is it that will be on the table? what will they be able to work with on the congressional side and on obama's side? guest: been talk
that republicans are making a big deal about the debt ceiling increase because they want to be able to spend taxpayer dollars without ever having to check or balance to ask if that spending is necessary. enough is enough. it's time to end this irresponsible spending. families in southwest missouri cannot spend 42% more than they take in and neither should the federal government. i came to washington to stop spending and abuse of government. that's why i'll fight this debt ceiling increase without a serious plan to reduce our debt. and the people of southwest missouri agree with me. i have hundreds of phone calls and emails and messages in my office about the debt ceiling. it is something the people of the 7th district feel strongly about and i want to share their thoughts with you. 51% of the calls and letters to my office say don't raise the debt ceiling under any circumstances. 26% say raise it with substantial cuts. 10% are ok to raise it whatever. and 10% say you can raise it but do not increase taxes. the people have spoken. there is an old saying that if you owe the bank $1,000 that's
round table, a small business owner told me, quote, the government is out of control, it's too big and i don't like it, closed quote. well, i don't like it either and it's costing our country jobs. it's time for washington to do what's right. we need to make the tough choices necessary to get our nation's fiscal house in order. no one said it would be easy, but it is certainly necessary. the legislation before us will end unsustainable spending and put this nation back on a fiscal path. i urge my colleagues to support it. i yield back. the speaker pro tempore: the gentleman yields back the balance of his time. the gentleman from maryland continue to reserve? mr. van hollen: i reserve. the speaker pro tempore: the gentleman from new jersey. mr. garrett: regarding what sort of amendment that thomas jefferson may have been looking for today whether we would be looking for in what we call a super majority or what have you, jefferson would be going even further than what we are doing here today and say that congress should not have the ability to borrow at all. the amendment we are putting fo
, it absolutely matters for economic development. and people in big cities might make fun of small airports, that they don't have all the -- all the hustle and bustle, but we do know that medium sized and smaller airports matter a great deal. with the refusal of the house to take up a clean extension of f.a.a., more than 4,000 employees have been furloughed, dozens of construction projects have come to a halt. in this economy, for some radicals in the house of representatives to decide because they have got a political mission and an ideology that doesn't quite fit with the majority of americans, they are going to again hold hostage something that just simply needs to be done, and that is what's called reauthorization of f.a.a. this many employees have been furloughed for who knows how long. senator rockefeller said some may look elsewhere for jobs. these are very skilled technicians and engineers and others. and what it means to these construction projects. f.a.a. helps to pay all over the country for modernization of airports, and we have all heard stories. i don't recall that i have ever
, and i see that you are less and less likely to be allowed by a big cover. we are building america to practice your religion, to practice your belief in laws, to accept responsibility for individually and as families and as government for your actions, and in that regard, i believe the american dream is lost. host: thanks. we're going to stop you at this time. thanks for adding your comments. on twitter, don't fall into the belief that the dream is dead. you're being manipulated for political purposes. parkville, indiana, sam is a democrat there, to talk about the american dream. good morning to you, sam. caller: hi. it from the united states of america to corporate states of america, united states of america, united corporations of america. corporations own this country. they have the republicans baltimore and paid for. they have the supreme court bought and paid for. we really have a lot of problems coming our way. thank you. host: thanks for your call. "baltimore sun" has a front-page story about immigration. opponents of tuition breaks for illegal immigrants have more signature
tax cuts in 2001 and 2003 to the wealthy and big corporations, the so-called job creators, didn't create jobs in the private sector. indeed, only one million net new jobs were created between 2001 and 2009. all government jobs. the private sector reported minus 600,000 jobs. so much for giving tax breaks to the private job generators. some argue against all debt, but all debts aren't bad because all debts are not the same. a $50,000 gambling debt is bad because it has no return. the last decade shows that gambling on tax cuts for the rich to create jobs was bad. gambling on two wars and not paying for them was bad. gambling on a new prescription drug law that was unpaid for was horrible. and gambling on unregulated financial institutions that failed was bad. and they resulted in a housing market collapse, slow economic growth, high unemployment and huge deficits and debts, all bad. so i think we gambled enough on the theory that budget cuts and tax cuts generate private sector jobs and more taxes. the l-a-f-f-e-r is truly a laffer. republicans are right, we do have speaning prob
, adding jobs, and creating new opportunities. we are not seeing that, in part, because of the big overhang of foreclosed homes, which are weighing on prices. it is a vicious circle. people do not want to buy because prices are falling and prices are falling because people do not want to buy. there are a number of things we are doing. we are keeping mortgage rates globe. -- keeping mortgage rates low. this works to try to modify mortgages. i think it is worth looking at that area. one area where more work needs to be done is housing finance. we have not begun to clarify for the market out housing finance will be conducted in the future. another area i suggest he might think about is the overhang of distressed houses. for example, fanny, freddie, and the bank's own about half a million homes right now, which are basically sitting there on the market and which are pressing down prices and reducing appraisals and making the housing market much weaker than it otherwise would be. that is another area to look at. i agree with you that the housing market is, in some sense, the epicenter of the pro
. the caller's point about big business, which over -- overwhelmingly supported obama in the last election, there was a letter in "the new york times" this morning from business interests, a broad variety, many center-right conservative business interests, beseeching every member of congress, what ever you do, raise the debt ceiling. business is in favor of raising the debt ceiling. the only people that i know that are not in favor of raising the debt ceiling are serious principle conservatives. i am not saying they are right, but as a factual matter all the people who actually control the country are agreed on that one question, we must raise the debt ceiling. host: we are coming to you from the arlington campus. students from 35 different states. high school seniors. studying the media. please go ahead. >> what do you believe will happen when it comes to the debt ceiling debate them of what influence will lead abdon world economic powers? guest: i have a singularly bad track record of predicting events before they happen. i thought hillary clinton would be the democratic nominee, etc., e
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